Japanese Stocks Climb 1.1%

Dow Jones2024-12-26

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Japan gained Thursday, as the Nikkei Stock Average rose 1.1% to 39568.06.

J. Front Retailing Co. Ltd. was the biggest gainer during the session, surging 8.3% to Y2,159, and Isetan Mitsukoshi Holdings Ltd. surged 7.6% to Y2,712. Nissan Motor Co. Ltd. rounded out the top three movers, as shares surged 6.6% to Y552.

Socionext Inc. posted the largest decline, falling 2.2% to Y2,537, followed by shares of Rakuten Group Inc., which fell 2.1% to Y851. Shares of Eisai Co. Ltd. fell 1.2% to Y4,224.

On the currency front, the yen weakened 0.1% against the dollar to Y157.37.

In the bond markets, the two-year Japanese government bond yield rose 0.76 basis point to 0.595% and the 10-year JGB yield rose 1.78 basis points to 1.090%. In the U.S., the 10-year Treasury yield rose 2.60 basis points to 4.615%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 26, 2024 02:00 ET (07:00 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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